13,978 Shares in Bain Capital Specialty Finance, Inc. (NYSE:BCSF) Acquired by KKM Financial LLC

KKM Financial LLC acquired a new stake in Bain Capital Specialty Finance, Inc. (NYSE:BCSF) during the 3rd quarter, HoldingsChannel reports. The firm acquired 13,978 shares of the company’s stock, valued at approximately $232,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BCSF. Quarry LP increased its stake in shares of Bain Capital Specialty Finance by 74.2% in the second quarter. Quarry LP now owns 2,976 shares of the company’s stock worth $49,000 after acquiring an additional 1,268 shares during the last quarter. Register Financial Advisors LLC acquired a new position in Bain Capital Specialty Finance in the 2nd quarter worth about $130,000. BOKF NA purchased a new stake in shares of Bain Capital Specialty Finance during the 2nd quarter worth about $159,000. Farther Finance Advisors LLC acquired a new stake in shares of Bain Capital Specialty Finance during the 3rd quarter valued at about $182,000. Finally, Lazard Asset Management LLC grew its stake in shares of Bain Capital Specialty Finance by 58.5% in the 1st quarter. Lazard Asset Management LLC now owns 12,410 shares of the company’s stock valued at $194,000 after buying an additional 4,581 shares in the last quarter.

Bain Capital Specialty Finance Stock Performance

BCSF opened at $16.74 on Friday. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.41 and a current ratio of 1.41. The company has a market cap of $1.08 billion, a PE ratio of 8.41 and a beta of 1.13. The stock has a 50-day moving average of $16.80 and a 200-day moving average of $16.60. Bain Capital Specialty Finance, Inc. has a 52-week low of $14.75 and a 52-week high of $17.25.

Bain Capital Specialty Finance (NYSE:BCSF) last announced its earnings results on Tuesday, November 5th. The company reported $0.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.03. Bain Capital Specialty Finance had a return on equity of 11.90% and a net margin of 43.62%. The firm had revenue of $72.54 million during the quarter. During the same period in the previous year, the company earned $0.55 EPS. As a group, equities research analysts forecast that Bain Capital Specialty Finance, Inc. will post 2.06 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Wells Fargo & Company cut their price objective on shares of Bain Capital Specialty Finance from $18.00 to $17.00 and set an “overweight” rating on the stock in a research report on Thursday, August 8th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and issued a $17.00 price objective on shares of Bain Capital Specialty Finance in a research note on Wednesday, August 21st.

Bain Capital Specialty Finance Profile

Bain Capital Specialty Finance, Inc is business development company specializing in direct loans to middle-market companies. The fund seeks to invest in senior investments with a first or second lien on collateral, senior first lien, stretch senior, senior second lien, unitranche, mezzanine debt, junior securities, other junior investments, and secondary purchases of assets or portfolios that primarily consist of middle-market corporate debt.